College Financial Aid Clarity Act of 2025
- Last Action
- 1/21/2026
Actions
- 2026-01-21Placed on the Union Calendar, Calendar No. 394.
- 2026-01-21Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-460.
- 2026-01-21Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-460.
- 2025-12-11Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 10.
- 2025-12-11Committee Consideration and Mark-up Session Held
- 2025-12-09Referred to the House Committee on Education and Workforce.
- 2025-12-09Introduced in House
- 2025-12-09Introduced in House
CRS Summary
As of 2026-01-21 (07)
College Financial Aid Clarity Act of 2025
This bill requires the Department of Education (ED) to develop, and for institutions of higher education (IHEs) to use, a standardized, consumer-tested format for all financial aid offers.
Any financial aid offer must include specified details and disclosures, including (1) cost information (e.g., cost of attendance and net price); (2) disclosures related to loans (e.g., applicable interest rates); (3) information on student employment opportunities; and (4) next steps for accepting, adjusting, or declining financial aid.
Each IHE that participates in federal student aid programs must (1) include the required information for all financial aid offers (including paper, mobile, or electronic offers), (2) provide supplemental content and disclosures (e.g., requirements for renewing financial aid), and (3) use consistent terminology for all communications related to financial aid offers.
Cosponsors (3)
- Young Kim (R-CA)
- Donald Norcross (D-NJ)
- Eugene Vindman (D-VA)
Subjects
- Employment and training programs
- Government information and archives
- Government lending and loan guarantees
- Higher education
- Student aid and college costs
- Wages and earnings
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.